AB 761 (Dickinson) – Public Retirement Investments in Firearm-Related Companies

Assembly Bill

Prohibits CalSTRS and CalPERS from investing in companies that manufacture firearms or ammunition for a recipient other than the U.S. military, subject to a process specified in the bill and consistent with previous divestment legislation, but subject to the board’s fiduciary duties.

  • Version: Amended 3/19/13
  • Sponsor: Author
  • Location: Assembly Appropriations Committee
  • Board Position: Neutral, if amended

CalSTRS Analysis:

As amended 3/19/2013

For an accessible version of any CalSTRS analysis on this page, contact ADACoordinator@CalSTRS.com.